LNG exporter Australia sees sustained Chinese demand even amid ramp-up of pipeline gas to China from Russia
The Australian Government says that Asian liquefied natural gas spot prices and oil-linked LNG contract prices are expected to remain high throughout 2022 and 2023 and would only decline back to non-crisis levels around 2027, depending on geopolitical events.
Chinese LNG importer ENN Energy plans to increase purchases of spot cargoes for rest of 2020
ENN Energy Holdings, the Chinese city-gas company and owner of the Zhoushan LNG import terminal in eastern Zhejiang province, said it expected to buy more spot LNG cargoes for the rest of 2020 and aims to increase pipeline and terminal capacity in domestic market restructuring.
Japanese LNG imports fall even at lower prices as US shipments overtake Russia for first time
Japanese liquefied natural gas imports declined last month at the expense of thermal coal imports even as LNG cost the nation 20 percent less than a year ago and US shipments to Japan overtook those from Russia for the first time.
